Incline Village, Summerlin South, Spanish Springs: These cities aren’t just some of the best places to live in Nevada. They are also home to some of the richest people in the Silver State.
Incline Village in particular houses the richest residents in the state thanks, in part, to a median household income of $155,195 and a ridiculously low poverty rate of 7.65947888589398%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Nevada share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2018-2022 American Community Survey for the 41 places in Nevada with more than 3,000 people.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Nevada For 2024
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Nevada.
Rich people not your cup of tea? Feel free to check out some more reading about Nevada:
The 10 Richest Cities In Nevada For 2024
1. Incline Village
/10
Population: 9,163
Median Income: $155,195
Median Home Values: $1,400,026
More on Incline Village: Data | Cost Of Living | Real Estate
2. Summerlin South
/10
Population: 29,724
Median Income: $110,911
Median Home Values: $665,545
More on Summerlin South: Data | Cost Of Living | Real Estate
3. Spanish Springs
/10
Population: 16,418
Median Income: $119,830
Median Home Values: $591,570
More on Spanish Springs: Data | Cost Of Living | Real Estate
4. Johnson Lane
/10
Population: 6,499
Median Income: $102,477
Median Home Values: $724,948
More on Johnson Lane: Data | Cost Of Living | Real Estate
5. Minden
/10
Population: 3,140
Median Income: $87,778
Median Home Values: $662,582
More on Minden: Data | Real Estate
6. Washoe Valley
/10
Population: 3,235
Median Income: $99,018
Median Home Values: $531,830
More on Washoe Valley: Real Estate
7. Enterprise
/10
Population: 225,461
Median Income: $91,165
Median Home Values: $463,796
More on Enterprise: Data | Cost Of Living | Real Estate
8. Henderson
/10
Population: 318,063
Median Income: $85,311
Median Home Values: $461,416
More on Henderson: Data | Crime | Cost Of Living | Real Estate
9. Sparks
/10
Population: 108,025
Median Income: $82,938
Median Home Values: $489,899
More on Sparks: Data | Crime | Cost Of Living | Real Estate
10. Dayton
/10
Population: 15,415
Median Income: $85,375
Median Home Values: $426,609
More on Dayton: Data | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Nevada For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 41 places with more than 3,000 people in Nevada, we ranked each place from 1 to 41 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Incline Village, crowned the “Richest City In Nevada For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Nevada.
You can skip to the end to see the rankings for all 41 places.
Summary: The Wealthiest Places In Nevada For 2024
Like we said earlier, when we set out to identify the richest places in Nevada, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Nevada.
The richest cities in Nevada are Incline Village, Summerlin South, Spanish Springs, Johnson Lane, Minden, Washoe Valley, Enterprise, Henderson, Sparks, and Dayton.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Nevada, according to data:
Poorest: Laughlin
2nd Poorest: Yerington
3rd Poorest: Winchester
For more Nevada reading, check out:
Detailed List Of The Richest Cities In Nevada
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Incline Village | 1.0 | $155,195 | $1,400,026 |
| 2 | Summerlin South | 3.0 | $110,911 | $665,545 |
| 3 | Spanish Springs | 3.5 | $119,830 | $591,570 |
| 4 | Johnson Lane | 3.5 | $102,477 | $724,948 |
| 5 | Minden | 6.5 | $87,778 | $662,582 |
| 6 | Washoe Valley | 7.0 | $99,018 | $531,830 |
| 7 | Enterprise | 10.0 | $91,165 | $463,796 |
| 8 | Henderson | 13.0 | $85,311 | $461,416 |
| 9 | Sparks | 13.0 | $82,938 | $489,899 |
| 10 | Dayton | 14.0 | $85,375 | $426,609 |
| 11 | Cold Springs | 14.5 | $85,851 | $419,972 |
| 12 | Spring Creek | 15.0 | $109,952 | $358,671 |
| 13 | Gardnerville Ranchos | 15.5 | $76,917 | $494,955 |
| 14 | Indian Hills | 15.5 | $77,256 | $484,307 |
| 15 | Reno | 16.0 | $73,073 | $526,202 |
| 16 | Lemmon Valley | 17.5 | $87,052 | $365,276 |
| 17 | Gardnerville | 19.0 | $66,157 | $573,750 |
| 18 | Boulder City | 19.0 | $76,402 | $439,175 |
| 19 | Fernley | 19.5 | $84,025 | $368,372 |
| 20 | Carson City | 22.0 | $67,465 | $458,244 |
| 21 | Elko | 22.0 | $85,000 | $327,254 |
| 22 | Spring Valley | 22.0 | $69,341 | $420,533 |
| 23 | Battle Mountain | 22.5 | $99,962 | $234,762 |
| 24 | Sun Valley | 22.5 | $71,471 | $401,384 |
| 25 | Moapa Valley | 23.0 | $82,592 | $328,401 |
| 26 | North Las Vegas | 23.0 | $71,774 | $385,939 |
| 27 | Las Vegas | 25.5 | $66,356 | $399,875 |
| 28 | Mesquite | 25.5 | $69,146 | $372,319 |
| 29 | Winnemucca | 26.0 | $78,161 | $300,990 |
| 30 | West Wendover | 27.5 | $80,342 | $263,406 |
| 31 | Paradise | 28.5 | $55,224 | $374,130 |
| 32 | Fallon | 30.0 | $63,490 | $350,672 |
| 33 | Ely | 30.5 | $77,076 | $191,661 |
| 34 | Pahrump | 32.0 | $54,988 | $333,513 |
| 35 | Whitney | 32.5 | $58,624 | $304,527 |
| 36 | Silver Springs | 35.0 | $47,584 | $301,537 |
| 37 | Nellis Afb | 35.0 | $67,733 | $110,064 |
| 38 | Sunrise Manor | 35.5 | $52,476 | $297,018 |
| 39 | Winchester | 37.0 | $45,709 | $282,111 |
| 40 | Yerington | 38.5 | $41,600 | $281,142 |
| 41 | Laughlin | 39.0 | $44,359 | $260,644 |
